Telegram’s TON Partners with Wirecard to develop fintech
Saturday, 04 20 2019, Category: Technology, Country: World
The development team behind encrypted messaging service Telegram’s forthcoming blockchain ecosystem Telegram Open Network (TON) has partnered with German financial services provider Wirecard. The latter revealed the news in a press release on April 17.
TON Labs, which also functions as a knowledge base for decentralized project development, will work with Wirecard to develop new digital financial products, the press release reports.
The partnership comes a week after sources hinted that TON had moved to private beta testing mode, a watershed moment for the project since its massive private initial coin offering (ICO) last year.
“The addition of TON Blockchain to Telegram's growing ecosystem is opening new opportunities for business and technological innovation,” Alexander Filatov, managing partner at TON Labs, commented in the press release.